Category: Cryptocurrency

Newgen Software: Company received more than two and half million US Dollar international order (Positive)  Escorts Kubota: Company announced the commercial launch of a new backhoe loader, ‘BLX 75. (Positive)  Dynamic Services: Company received Rs 20 crore mechanized cleaning contract from the Ministry of Railways. (Positive)  Osia Hyper Retail: India Ratings and Research Private Limited […]

Target: ₹1,330 CMP: ₹1,233.85 SignatureGlobal India is one of the largest real estate development companies in the NCR/Delhi regions in the affordable and mid-income segments. The company has now shifted its focus to mid and premium housing and has been successful in doing so. Its ongoing portfolio stands at 10.4 million square feet (MSF) and […]

CMP: INR 24 | Market Cap: INR 2,352 Mn Forward Guidance * For FY26, the company is looking at a topline run of 20% to 30% growth. * The focus for FY26 is on the bottom line, which is expected to see a significant jump, largely due to the monetisation of byproducts. * The expected […]

Experts say promoters are cashing out at high valuations, either to diversify holdings or fund new ventures. While the surge raises short-term market liquidity concerns, many sellers are reportedly reinvesting in family offices and alternative assets for long-term wealth preservation. The value of bulk and block deals on stock exchanges hit a new high for […]

tock Market today | Share Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 3 June 2025. 06:51 | June 3, 2025 Stock market live updates today: IIFL Deal Launch: Zinka Logistics Solutions Ltd (BLACKBUC IN) c. INR 6,474mn / US$ […]

The Defence Budget is expected to see a significant boost Defence company stocks listed on stock exchanges are expected to outperform the broader market as the government deepens focus on domestic manufacturing given the global geo-political uncertainty. However, the potential in earning growth has already been captured in the stock prices after the recent rally […]

Sensex, Nifty, Share Prices LIVE: The stock of Piramal Enterprises Limited (PEL) has been in an uptrend since early March after it found support at ₹850. It rallied and marked a five-week high of ₹1,147.30 on May 21. But after this, the price moderated and the stock closed at ₹1,107.25 on Friday. That said, the […]

Infibeam Avenues gross revenue stood at ₹1,160.50 crore, Target: ₹24.4 CMP: ₹21.66 Infibeam Avenues gross revenue stood at ₹1,160.50 crore, up 62 per cent y-o-y (+8.4 per cent q-o-q), above our estimates (+4.2 per cent). EBIT came in at ₹59.90 crore, up 17.7 per cent y-o-y (+1 per cent q-o-q), in-line with our estimates. EBIT […]

Container Corporation of India (₹783) Bulls gaining traction The stock of CONCOR (Container Corporation of India) has been on a recovery ever since hitting a 52-week low of ₹601.65 on March 3. A couple of weeks ago, it surpassed a resistance at ₹720 and broke out of a trendline resistance. This has turned the momentum […]

Foreign investment in Indian markets reached a record high in May 2025, with net foreign portfolio investment (FPI) inflows standing at ₹19,860 crore, making it the best-performing month so far this year in terms of foreign investment, according to data released by the National Securities Depository Ltd (NSDL). During the week from May 26 to […]

IRCTC reported subdued performance with revenue growing 4 per cent q-o-q and 10 per cent y-o-y Target: ₹836 CMP: ₹755.85 IRCTC reported subdued performance with revenue growing 4 per cent q-o-q and 10 per cent y-o-y, primarily due to seasonal softness in the catering segment (-5 per cent q-o-q) and a flat performance in Rail […]

Net profit grew 81% to ₹72 crore in FY25 | Photo Credit: Balaji W S 463@Chennai FSN E-Commerce Ventures (Nykaa) reported strong fourth-quarter results with gross merchandise value (GMV) rising 27 per cent year-on-year to ₹4,102 crore for the quarter ended March 31, 2025. Net profit jumped 110 per cent to ₹19 crore. The beauty e-commerce […]

Hinduja Global Solutions (HGS) on Thursday named Venkatesh Korla, President and CEO of HGS Americas, as the new Global CEO. He will take charge after the retirement of current Group CEO Partha DeSarkar in September 2025, the company said in a statement Additionally, Mahesh Kumar Nutalapati, Deputy CFO since February, has been elevated to the […]

Target: ₹745 CMP: ₹622.20 TTK Prestige (TTKPT) revenue grew 4 per cent y-o-y (2.1 per cent higher than estimates). Demand revival for domestic kitchen appliances and higher exports has resulted in better than estimated revenue growth. On the channel front all channels have performed well with e-commerce and modern retail faring better. Impact of slowdown […]

In an interim ex-parte order, the Securities and Exchange Board of India (SEBI) has barred former chief executive officer of IndusInd Bank Sumant Kathpalia, and four others from accessing the securities market on alleged insider trading in the bank’s shares. The regulator found that these individuals were aware of the accounting discrepancies in the bank’s […]

Target: ₹390 CMP: ₹340 NTPC reported revenue of ₹49,800 crore (5 per cent y-o-y/5 per cent JMFe) due to 2 per cent y-o-y growth in generation and higher realisations (₹5.2 per unit vs. ₹5.1 per unit in Q4-FY24). The EBITDA came in at ₹14,800 crore (4 per cent y-o-y/ 4 per cent JMFe) driven by […]

investment planning and strategy concept, businessman holding smartphone working with virtual halogram trading graph, Stock market, Business growth, progress or success concept. | Photo Credit: cherdchai chawienghong tock Market Today | Share Market Live Updates- Find here all the live updates related to Sensex, Nifty, BSE, NSE share prices and Indian stock markets for 28 […]

Target: ₹1,455 CMP: ₹952.50 Protean eGov Technologies reported muted revenue growth of ₹222.20 crore in Q4 while EBITDA declined 18 per cent y-o-y due to higher operating expenses. We maintain a Buy rating on steady PAN and pension revenues and expected growth from new and international businesses. PAN 2.0 was a project technology revamp […]

Candle stick graph chart of stock market investment trading, Stock exchange concept design and background. Vector illustrations. | Photo Credit: EMOJOEZ tock Market Today | Share Market Live Updates- Find here all the live updates related to Sensex, Nifty, BSE, NSE share prices and Indian stock markets for 27 May 2025. 06:40 | May 27, […]

Target: ₹300 CMP: ₹239.85 Ashok Leyland’s margin beat and outperformance vs peers continued in Q4. Improved profitability has also come with superior FCF generation. Even if its working capital normalises, and investments in subsidiaries continue in FY26, we see AL continuing to enjoy FCF conversion superior to historical levels, further supporting its valuation. Early this […]

The combined market valuation of six of the top-10 most valued firms eroded by ₹78,166.08 crore last week, with Reliance Industries taking the biggest hit, in line with weak trends in equities. Last week, the BSE benchmark dropped 609.51 points or 0.74 per cent and the Nifty declined 166.65 points or 0.66 per cent. While […]

DLF (₹776) Trend turns positive DLF’s stock, after consolidating in the ₹620-700 range for nearly two months, saw a breakout of the upper end of the range last week. It has been rallying over the past two weeks, showing a strong positive momentum. These factors indicate an upward reversal in trend. There might be some […]

Multimodal transport operator Blue Water Logistics on Saturday said it has fixed a price band at ₹132–135 per share for its ₹40.5-crore initial public offering, which will hit the capital markets on May 27. The initial share sale will conclude on May 29, and the shares will be listed on the NSE Emerge platform, the […]

Mumbai: A man walks past the Bombay Stock Exchange (BSE) building, in Mumbai, Monday, May 12, 2025. Stock market benchmark indices Sensex and Nifty rebounded sharply by 3 per cent on Monday after India and Pakistan announced reaching a bilateral understanding. (PTI Photo)(PTI05_12_2025_000113B) With the National Stock Exchange (NSE) pushing for a switch in the […]

Markets staged a strong rebound on Friday, with benchmark indices closing nearly 1 per cent higher. The rupee recorded its most significant single-day appreciation since November 2022, driven by a weaker US dollar and robust domestic equity performance. The Sensex ended 769.09 points or 0.95 per cent higher at 81,721.08, while the Nifty 50 closed […]

Sensex, Nifty, Share Price LIVE:

According to NielsenIQ data, Mamaearth gained market share across key categories and entered the top five in face wash market share Honasa Consumer Ltd reported revenue of ₹534 crore for the quarter ended March 31, 2025, marking 13.3 per cent year-on-year growth that outpaced the broader FMCG market. The beauty and personal care company posted […]

The investigation is at a preliminary stage and may see issuance of show cause notices to all the FPIs involved The Securities and Exchange Board of India (SEBI) is expanding its probe into suspicious derivatives trades by global trading firm Jane Street to include other foreign portfolio investors (FPIs) for similar ‘bait and switch’ strategies, […]

Target: ₹3,149 CMP: ₹2,500.10 GRSE (Garden Reach Shipbuilders & Engineers) is well-positioned for substantial growth, driven by a robust order book of ₹22,680 crore (as of March 31, 2025) comprising 40 platforms, including 16 warships. The company is actively executing key defence projects like the P17 Alpha frigates (first ship 95 per cent complete, ahead […]

The indices have a base value of 1000 with a first value date of June 20, 2005 | Photo Credit: NIHARIKA KULKARNI Asia Index Private Ltd, a wholly owned subsidiary of BSE, launched four new factor-based indices with quarterly reconstitution schedules on Tuesday, marking a significant shift in India’s smart beta investment landscape. The new […]

Lupin announced on Tuesday that it will incorporate Honeywell’s Solstice Air propellant in its next-generation respiratory inhalers, becoming the first Indian pharmaceutical company to use this technology at scale. The partnership aims to transform respiratory care for asthma and chronic obstructive pulmonary disease (COPD) patients while significantly reducing environmental impact. Honeywell’s HFO-1234ze cGMP propellant can […]

SEBI on Monday tightened and standardised the norms on the internal audit mechanism at market infrastructure institutions (MIIs) “to further strengthen the governance mechanism at MIIs.” The regulator has barred the managing directors from being part of audit committees, but allowed key managerial personnel (KMPs) to be invited to attend with the approval of the […]

Target: ₹2,048 CMP: ₹1,771.10 In Q4-FY25, SBI Life Insurance’s net premium income declined 5 per cent y-o-y to ₹23,861 crore, driven by a substantial 42.1 per cent reduction in single premium income to ₹4,463 crore. In FY25, new business premium (NBP) stood at ₹35,580 crore, with a private market share of 20.8 per cent. Individual […]

BSE (₹7,285*) has announced a bonus with a ratio of 2:1. So, the adjustment factor will be 3. The split will lead to necessary adjustments in the futures and options (F&O) contracts on this stock on the record date. The company has decided May 23 as the record/effective date. On this day, the stock price […]

FILE PHOTO: Reliance Industries | Photo Credit: SHAILESH ANDRADE Nine of the top 10 valued firms added ₹3.35 lakh crore in their market valuation last week in tandem with a positive trend in equities, led by Reliance Industries. HDFC Bank, Tata Consultancy Services (TCS), ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever […]

With the upgraded SCORES 2.0 framework, complaints are automatically forwarded to entities that have 21 days to respond. | Photo Credit: REUTERS/Francis Mascarenhas Capital markets regulator SEBI disposed of 4,239 complaints through the grievance redressal mechanism SCORES platform in April. The markets watchdog received 4,341 fresh complaints in the month and a total of 4,263 […]

Navin Fluorine continues to gain strength but valuations hover at the higher range. A new suite of projects is ready to commercialise and ramp up production in the next few years sustaining growth in its three segments and expand margins further. We had recommended that investors accumulate the stock, in the midst of the CEO […]

Tthe outlook for domestic and foreign flows remains a key positive with India’s position still neutral to underweight for many funds A rebound in the indices from their March lows have made Indian valuations “expensive again,” while earnings growth expectations moderate, said global brokerage firm Jefferies. India valuations are now closer to the September peaks, […]

Finance Stock market with abstract light trials background. Index graph chart | Photo Credit: JoeyCheung Shares of Eternal Energy Ltd., Hindustan Unilever Ltd. (HUL), Asian Paints Ltd., ITC Ltd., and Nestlé India Ltd. were among the top gainers on Friday, while major IT and telecom stocks weighed on the indices. Bharti Airtel Ltd., HCL Technologies […]

Sundaram Finance has accepted bids worth ₹1,200 crore ($140.17 million) for bonds maturing in three years, three merchant bankers said on Thursday. The company will offer a yield of 7.1584% on the issue and had invited bids from bankers and investors earlier in the day, they said. Sundaram Finance did not immediately reply to a […]

Markets staged a remarkable comeback on Thursday, with benchmark indices scaling seven-month highs as optimism around a potential India-US trade deal triggered broad-based buying. The BSE Sensex soared 1,200.18 points or 1.48 per cent to close at 82,530.74, while the NSE Nifty jumped 395.20 points or 1.60 per cent to end at 25,062.10, successfully breaching […]

SEBI found that the lead manager had transferred ₹14 crore, forming nearly 70 per cent of the issue proceeds, to Kaveri Corporation, Maruti Corporation, and Overseas Metal and Alloys Pvt — which have not been disclosed in the prospectus | Photo Credit: FRANCIS MASCARENHAS The Securities and Exchange Board of India (SEBI) has banned Varyaa […]

The shares of Garden Reach Shipbuilders & Engineers Ltd (GRSE) rallied 15.52 per cent or ₹297.20 to end today at ₹2,212. Garden Reach Shipbuilders & Engineers Ltd (GRSE) announced its highest-ever financial results for FY25 on Tuesday, with a 48 per cent jump in profit after tax to ₹527 crore, compared to ₹357 crore in […]

SEBI has proposed to significantly ease compliance norms for foreign portfolio investors investing exclusively in Indian Government Bonds under the Voluntary Retention Route and Fully Accessible Route. | Photo Credit: The Securities and Exchange Board of India (SEBI) has proposed to relax regulatory requirements for foreign investors investing solely in Indian government bonds under the […]

Share prices of Sun Pharmaceutical Industries Ltd., Adani Ports and Special Economic Zone Ltd, Bajaj Finance Ltd., State Bank of India, and Tech Mahindra Ltd. emerged as the top gainers on Tuesday. Among the laggards were shares of Tata Consultancy Services Ltd. (TCS), HCL Technologies Ltd., Eternal Energy Ltd., Power Grid Corporation of India Ltd., […]

Target: ₹1,360 CMP: ₹1,206 Aurobindo Pharma (ARBP) is actively investing across multiple high-potential segments to drive sustained growth over the next 3-5 years. The company’s Penicillin G (PEN-G) project is scaling up meaningfully, effectively curbing operational losses, and is expected to contribute materially to profitability in FY26 and FY27. In the US generics market, ARBP continues […]

The markets saw a strong rally on Monday, with the BSE Sensex making notable gains, fueled by a surge in the shares of IT and metal stocks. The Sensex ended 1,300.72 points higher, or a 1.55 per cent rise, closing at 84,547.32. The Nifty also followed suit, gaining 1.45 per cent, or 369.15 points, to […]

I have shares of Coal India bought at ₹406. What is the long-term outlook? Vashista Chilkuri Coal India (₹388): The stock has been consolidating between ₹350 and ₹410 since the beginning of this year within its broader downtrend. Resistance is at ₹420. The stock has to breach this resistance to indicate a trend reversal and turn bullish again. […]

Nifty 50 (24,008) and Nifty Bank (53,595) depreciated over the last week and posted a loss of 1.4 per cent and 2.8 per cent respectively. Below is an analysis of the derivatives data of both indices and trade recommendations based on them. Nifty 50 The May Nifty futures (24,066) lost 1.4 per cent last week. […]

The stock of DLF (₹631.70)  finds immediate support at ₹612 and ₹557. A close below the latter will change the outlook negative and trigger a sharp fall in the stock. On the other hand, resistance levels are ₹686 and ₹760. A recovery above ₹686 will negate the current negative outlook for DLF. Broadly, we expect the stock to move in a narrow […]

For investors who are looking for a passive income with low risk, dividend yield funds are suitable ideally Stock markets have been volatile in recent times due to India-Pakistan geopolitical tension and global economic uncertainty fuelled by US tariff war. Operation Sindoor further escalated the nervousness in the markets. On Friday – the third day […]

As per SEBI regulations, investment advisors and research analysts are required to maintain a deposit of a sum as specified by SEBI from time to time by June-end | Photo Credit: FRANCIS MASCARENHAS Capital market regulator SEBI plans to allow investment advisors and research analysts to fulfill their mandatory monetary deposit through liquid funds. As […]

Markets closed sharply lower on Friday as escalating border tensions between India and Pakistan weighed heavily on investor sentiment, with the benchmark indices extending losses for the second consecutive session despite constructive global cues. The BSE Sensex closed at 79,454.47, down 880.34 points or 1.10 per cent from its previous close, while the Nifty50 […]

On NSE the scrip rose 6.57 per cent to end the day at ₹86.35 apiece.  | Photo Credit: KSL Shares of standalone health insurer Niva Bupa Health Insurance ended Thursday at ₹ 87.38 apiece on BSE, which was up 7.78 per cent from the Wednesday close, after the insurer reported over 30 per cent year-on-year […]

A file photo Paytm Managing Director Vijay Shekhar Sharma | Photo Credit: PTI Indian payments firm Paytm and its founder Vijay Shekhar Sharma have settled an employee stock options violations case with the country’s markets regulator, the Securities and Exchange Board of India said on Thursday. As part of the settlement, Sharma has been prohibited […]

Tata Motors led the gainers, rallying 5.18%, followed by gains in Jio Financial, Bajaj Finance, and Shriram Finance. In contrast, Asian Paints, Sun Pharma, and ITC saw losses. Sector-wise, auto and capital market indices led, while FMCG, pharma, and defence lagged.  | Photo Credit: iStockphoto Benchmark indices closed with marginal gains on Wednesday after a […]

BNP Paribas

 EBITDA before ESOP costs stood at ₹81 crore, marking an improvement of ₹121 crore from the previous quarter | Photo Credit: FRANCIS MASCARENHAS One 97 Communications Ltd (Paytm) reported its financial results for Q4FY25, achieving EBITDA before ESOP profitability as guided previously. The company posted operating revenue of ₹1,911 crore for the quarter ending March […]

Target: ₹71.10 CMP: ₹65.53 In Q4-FY25, IDFC First Bank Ltd reported strong growth in its loan book, rising 20/5 per cent on a y-o-y/q-o-q basis, with the retail segment growing at 16/4 per cent on a y-o-y/q-o-q basis and contributing about 69 per cent of the total loan book during the quarter. Within the […]

Equity AUM crossed ₹25 lakh crore, maintaining strong inflows despite market volatility Computer Age Management Services Ltd (CAMS) on Monday reported a 10 per cent increase in its consolidated net profit at ₹114.02 crore for the fourth quarter ended March 2025 against ₹103.50 crore reported in the year-ago same period. Consolidated revenue jumped 14.7 per […]

Benchmark indices traded firm due to sustained foreign fund inflows. Sensex soared 203.31 pts or 0.25 per cent to 80,705.30 as at 12.21 pm, and Nifty 50 was up 87.35 pts or 0.36 per cent at 24,434.05. Midcap index outperformed. Nifty midcap 100 rose 1.45 per cent to 54,482.40 and Nifty smallcap 100 inched up 0.61 […]

The audit fee paid out by companies, listed on NSE on a standalone basis, was ₹1,903 crore in FY24, an increase of 9.24 per cent from the previous financial year.  Two out of every three audits of Nifty 500 companies were done by the Big 6 audit firms — BDO, Deloitte, EY, Grant Thornton, KPMG […]

A file photo of Warren Buffett, chairman and CEO of Berkshire Hathaway | Photo Credit: Nati Harnik/AP Warren Buffett shocked an arena full of his shareholders Saturday by announcing that he wants to retire at the end of the year. Buffett said he will recommend to Berkshire Hathaway’s board that Greg Abel should become CEO […]

Berkshire Vice Chairman Greg Abel speaks with shareholders during the Berkshire Hathaway Inc. annual shareholders’ meeting, in Omaha, Nebraska, U.S., May 2, 2025. | Photo Credit: REUTERS/Brendan McDermid When Greg Abel succeeds Warren Buffett at the helm of Berkshire Hathaway at the end of this year, he is expected to preserve the culture at the […]

NSE’s recent measures are steps in the right direction

NITCO Ltd secures ₹111 crore order from Prestige Group, reinforcing position as top supplier in real estate industry. NITCO Ltd has announced securing orders worth ₹111 crore from Prestige Group for tiles and marble supply, exceeding the initially projected ₹104 crore value announced in December 2024. The deal brings the total order value to ₹216 […]

Nifty midcap 100 dropped 0.85 per cent to 53,663.15, while smallcap 100 dipped 0.08 per cent to 16,436.15 Equity indices erased early gains in mid-trading session. Sensex traded 118.42 pts or 0.15 per cent positive at 80,360.66 as at 12.51 pm, while Nifty 50 dipped 32.60 pts or 0.13 per cent to 24,301.60. The volatility […]

Riding on Adani Wilmar’s stake-sale, the flagship entity of Adani Group, Adani Enterprises, on Thursday reported a consolidated Profit After Tax (PAT) of ₹7,112 crore for financial year 2024-25, a growth of almost 120 per cent over the previous year. However, the consolidated PAT numbers include a post-tax exceptional gain of ₹3,286 crore from 13.5 […]

Business management online courses and consulting: executive connecting online and analyzing financial charts istock photo for BL | Photo Credit: iStockphoto 4 Results Live Today May 1, 2025: Get the latest Q4 2025 earnings updates for Adani Enterprises, Adani Ports, Zomato, Home First Finance Company India, Nuvoco Vistas Corporation, Jaiprakash Power Ventures, Railtel Corporation of […]

The subscription was dominated by the employee-reserved portion, which witnessed a 5.43 times subscription, while the quota for retail investors was subscribed 1.78 times | Photo Credit: REUTERS EV maker Ather Energy has closed bidding for its IPO with an overall subscription of 1.43 times. The first mainline IPO of FY26 saw only a muted […]

Total income rose to ₹2,566.52 crore in the quarter under review as against ₹2,075.93 crore in the corresponding quarter last year. | Photo Credit: FARUQUI AM Vishal Mega Mart shares rallied 10 per cent on Wednesday. Despite the challenging demand environment, the company recorded a stellar Q4FY25 show exceeding consensus estimates. The stock closed at […]

Share prices of Reliance Industries Ltd., Tech Mahindra Ltd., Eternal Ltd., HCL Technologies Ltd., and Infosys Ltd. emerged as the top gainers on Tuesday. Among the laggards were shares of Sun Pharmaceutical Industries Ltd., UltraTech Cement Ltd., Power Grid Corporation of India Ltd., NTPC Ltd., and Kotak Mahindra Bank Ltd. The BSE Sensex ended marginally […]

Tata Group-owned retailer Trent Limited reported a 46 per cent year-on-year decline in net profit to ₹350 crore for the fourth quarter ended March 31, 2025, down from ₹654.28 crore in the same period last year. The company announced these results on Tuesday, just before market close. Revenue from operations rose 29 per cent to […]

More than half of the issue proceeds would be used to develop its range of offerings and the remaining for leasing office space and marketing expenses.  Beauty and home care services provider Urban Company has filed for ₹1,900 crore initial public offering (IPO), consisting of a fresh issue of shares and an offer for sale […]

Thomas Cook (India) Limited has opened its first outlet in Siliguri, expanding its presence in West Bengal to 10 locations, the company announced today. The shares of Thomas Cook (India) Limited were trading at ₹139.65 down by ₹3.13 or 2.19 per cent on the NSE today at 2.55 pm. The strategic move aims to capitalize […]

The offer comprises of an Offer for sale of up to 49,854,357 equity shares of face value of ₹10 each Canara Robeco Asset Management Company has filed draft red herring prospectus (DRHP) with SEBI for an initial public offering . Canara Bank and ORIX Corporation Europe NV are the promoters of the company. The offer […]

Besides, Mazagon Dock Shipbuilders, Rail Vikas Nigam Ltd (RVNL), Garden Reach Shipbuilders and Engineers Ltd and Indian Railways Catering and Tourism Corporation (IRCTC) provided over 1,000% returns to IPO investors As many as 15 out of 18 public sector companies listed over the last eight years have given bumper returns with Mazagon Dock Shipbuilders topping […]

Bharti Airtel (₹1,815.60) Set to rally to ₹2,000 The stock of Bharti Airtel touched a record high of ₹1,904.20 last Monday. But then, the price moderated and the scrip closed at ₹1,815.60 last week. Nevertheless, the outlook remains bullish, and the dip in price is only a corrective move. We expect the stock to resume […]

The company net loss was on account of a fall in fair value changes Broking firm Motilal Oswal Financial Services (MOFSL) has recorded a net loss of ₹63.19 crore during the fourth quarter of FY25 against a profit of ₹724.60 crore recorded during the corresponding period a year ago. This is for the first time […]

Ather Energy on Friday raised ₹1,340 crore from anchor investors, which included several marquee names. The board of Ather Energy, in consultation with the book running lead managers — Axis Capital Limited, HSBC Securities and Capital Markets (India) Private Limited, JM Financial Limited, and Nomura Financial Advisory and Securities (India) Private Limited — finalised the […]

Large aluminium steel rolls | Photo Credit: okeyphotos Hindalco Industries Ltd, the metals flagship of the Aditya Birla Group, announced today the successful delivery of 10,000 aluminium battery enclosures to Mahindra for their BE 6 and XEV 9e electric SUVs. The company also unveiled its new EV component manufacturing facility in Chakan, Pune. The shares […]

Dr Tamaswati Ghosh, CEO, IIT Madras Incubation Cell EV maker Ather Energy’s initial public offering (IPO) is a milestone not just for the company but also for India’s leading deep tech startup hub IIT-Madras Incubation Cell (IIT-M IC). Ather Energy will be IITM IC’s first portfolio company to go public in validation for the incubator’s […]

The move aligns with SEBI’s recent clampdown on IPO and merchant banking norms for small businesses to enhance market transparency and investor protection. | Photo Credit: India’s National Stock Exchange on Thursday tightened rules for small companies on its SME platform seeking to move to the main board, requiring at least ₹100 crore in annual […]

The day’s gains were largely fueled by IT stocks, with easing global macroeconomic concerns and a rebound in tech spending sentiment bolstering investor confidence Shares of HCL Technologies Ltd., Tech Mahindra Ltd., Tata Motors Ltd., Infosys Ltd., and Mahindra & Mahindra Ltd. were among the top gainers on Wednesday. On the flip side, HDFC Bank […]

LG Electronics has reportedly paused work on the initial public offering (IPO) of its Indian unit due to ongoing volatility in local equity markets, according to Bloomberg News. | Photo Credit: KIM HONG-JI/Reuters LG Electronics has paused work on the initial public offering of its Indian unit amid volatility in the local stock markets, Bloomberg […]

Brokerage firms such as Groww, Angel One, Zerodha, Upstox Securities, Kotak Securities, Motilal Oswal and Nuvama Wealth witnessed client attrition in March 2025 quarter, according to the National Stock Exchange data. Collectively, these firms lost over nine lakh active clients in the fourth quarter to 4.92 crore. Recent market correction, volatile trends, ongoing earnings season […]

Markets maintained positive momentum during midday trading on Tuesday, shrugging off global concerns triggered by President Trump’s criticism of the Federal Reserve. The benchmark Sensex traded at 79,615.13, up 206.63 points or 0.26 per cent from its previous close, while the Nifty50 rose 54.50 points or 0.23 per cent to 24,180.05. Banking stocks continued their […]

The country’s oldest exchange BSE is facing headwinds with having a level playing field between stock exchanges, and is working towards the same. In an interview with the businessline, BSE’s CEO and Managing Director Sundararaman Ramamurthy said that it is not engaging in any price wars or chasing market share, but building internal efficiencies. Edited […]

Shares of Tech Mahindra, IndusInd, Bajaj Finserv,Axis Bank, Trent and Infosys traded among top gainers of Nifty 50 components, while Adani Ports, HDFC Life, ITC, Hindustan Unilever and Bharti Airtel declined. Equity benchmark indices continued their upward trajectory, with significant buying of banking and IT stocks. Sensex rallied 1029.14 pts or 1.31 per cent to […]

FILE PHOTO: FILE PHOTO: People walk outside the National Stock Exchange (NSE) | Photo Credit: FRANCIS MASCARENHAS Indian stock markets are shut on Friday due to the Good Friday holiday. However, other major Asian markets continued their upward trend, with key indices posting gains. Japan’s Nikkei 225 index rose by 0.66 per cent, Taiwan’s weighted […]

NIIT Ltd board has approved the purchase of an additional 19.50 lakh equity shares of NIIT Institute of Finance Banking and Insurance Training Ltd (IFBI) to fully acquire the subsidiary, according to an exchange filing. NIIT holds 80.72 per cent stake in IFBI, and post the aforesaid acquisition, IFBI will become its wholly owned subsidiary, […]

As we step into FY26, global jitters like the Trump tariff threat clash with domestic optimism—especially after the RBI’s dovish pivot. How do you assess the broader macro environment for Indian investors, and is the rate cut the start of a larger easing cycle or a one-off?  This is going to be a very interesting […]

ank Q4 Results Today, HDFC Bank, ICICI Bank & Yes Bank Q4 results live updates April 19, 2025: Find all the latest updates related to the FY25 Q4 results of HDFC Bank, Yes Bank, ICICI Bank, and few more companies here.  Just Dial, Mastek, Infosys, Wipro, Jio Financial Services, HDFC Life Insurance Company, Tata Elxsi […]

Amid volatility, active equity fund managers increased exposure to select midcap stocks. This move highlighted a long-term strategy, leveraging the correction in valuations to enter at attractive levels relative to historical norms. Fund managers focused on good quality midcap companies that were impacted by broad market sell-offs. Here are the top midcap stocks newly added […]

Infosys Ltd. | Photo Credit: Hollie Adams After Wipro, brokerages have slashed target prices for Infosys amid topline miss and global uncertainties. Infosys on Thursday reported an 11.7 per cent decline in Q4 consolidated net profit to ₹7,033 crore. The IT major also lowered its FY26 revenue growth guidance to 0–3 per cent in constant […]

The new marketing initiative highlights key features of LTF’s business loans L&T Finance Ltd. (LTF) unveiled a new television commercial for its business loan product featuring Indian cricket star Jasprit Bumrah. The campaign, titled “Aapke Business Ka Game Changer,” aims to position LTF’s business loan offerings as transformative solutions for entrepreneurs. The shares of L&T […]

SEBI barred Gensol promoters Anmol Singh Jaggi and Puneet Singh Jaggi from securities markets till further orders in a fund diversion and governance lapses case Gensol Engineeringdropped further to hit another lower circuit on Thursday as SEBI barred the company and promoters from securities market. The markets regulator barred promoters Anmol Singh Jaggi and Puneet […]

The Delhi High Court on Wednesday heard Kairosoft AI Solutions’ appeal against the Securities and Exchange Board of India (SEBI) and BSE over their decision to impose graded surveillance measure (GSM) Stage 4 on the company’s shares. Senior Advocate Kapil Sibal, appearing for Kairosoft, led the defense by arguing that it was unfair to restrict […]

The shares of Oil India Limited (OIL) were trading at ₹373.15, up by ₹7.20 or 1.97 per cent on the NSE today 1.40 pm. Oil India Limited (OIL) has secured all nine blocks it bid for under the Open Acreage Licensing Policy (OALP) Round IX, adding over 51,000 square kilometres to its exploration portfolio, the […]

In an interim order, the capital markets regulator has directed the solar power consultancy firm to put its recently announced stock split on hold | Photo Credit: Reuters The Securities and Exchange Board of India (SEBI) has restrained Gensol Engineering and its promoters, Anmol Singh Jaggi and Puneet Singh Jaggi, from accessing capital markets for […]

Realty and auto stocks continued to drive the market momentum. Among the Nifty 50 components, shares of IndusInd Bank, Larsen & Turbo, Tata Motors, Shriram Finance, Adani Enterprises and Adani Ports traded among major gainers. Only Nestle and ITC slipped to trade in red at the time of writing. The broader benchmark indices continued to […]

The premium effectively reduces potential gains and exposes investors to heightened downside risk if ETF prices fall. | Photo Credit: Artystarty The prices of international-focused exchange traded funds are trading at premium over indicative NAV as investors rush to average their cost following the recent sharp fall in the US markets. SEBI froze fresh inflows […]

India’s stock, currency, and bond markets will remain closed on Monday, April 14, for a local holiday, resuming trading on Tuesday.  | Photo Credit: iStockphoto India’s equity, currency and debt markets will be closed on Monday, April 14, for a local holiday. Trading will resume on Tuesday, April 15. The benchmark BSE Sensex rose 1.8%, […]

The pain, said Shuntaro Takeuchi, was 10 out of 10. Not in the portfolio of Japanese stocks he runs out of San Francisco, California, but in his appendix. It would have to come out, just as his colleagues at Matthews Asia were on a phone call to chart the $7 billion asset manager’s path through […]

The combined market valuation of five of the top-10 valued firms surged, with Hindustan Unilever emerging as the biggest winner. | Photo Credit: iStockphoto The combined market valuation of five of the top-10 valued firms surged ₹84,559.01 crore in a holiday-shortened last week, with Hindustan Unilever emerging as the biggest winner. Last week, the BSE […]

Can I buy Samvardhana Motherson International now for long-term? What is the outlook? Sophia, Kochi Samvardhana Motherson International (₹118.10): The stock is in a downtrend since October last year. The downtrend is still intact. There is room for further fall to ₹100-90 – an important long-term support zone. A fall beyond ₹90 is less likely. […]

Source: Company website | Photo Credit: BL companies Target: ₹550 CMP: ₹462.90 Established in 2010, Aadhar Housing Finance is the largest player in affordable housing space with AUM of ₹23,975 crore. Diversification in terms of business mix, customer base and distribution remain core strength. Business mix remains well balanced and granular with home loans comprising […]

Target: ₹7,800 CMP: ₹6,544.75 Info Edge in its pre-results business update mentioned that standalone billings grew 19 per cent y-o-y in Q4-FY25, ahead of JMFe of 18 per cent, on the back of better-than-expected billings in all reporting segments. Recruitment billings grew 18.4 per cent y-o-y, the highest in the last 10 quarters, despite a […]

According to Indsec, one of HZL’s key growth drivers over the medium term is expected to be silver, supported by rising industrial demand globally, especially from the solar photovoltaic (PV) segment | Photo Credit: Dado Ruvic Notwithstanding the ongoing uncertainty over Trump tariffs, broking firms are bullish on Hindustan Zinc’s performance given its capex to […]

U.S. stock markets tumbled sharply Thursday, with the Nasdaq dropping over 5.7% and the Dow plunging more than 1,700 points, as investors reacted to renewed trade uncertainty.  | Photo Credit: ANDREW KELLY/Reuters Major stock indexes extended sharp declines and the dollar weakened further in midday Thursday trading, with the Nasdaq down more than 5% as […]

Bombay Stock Exchange (BSE) Equity, currency and debt markets will be closed today, April 10, on account of Shri Mahavir Jayanti. Trading will take place on Friday, April 11, 2025. However, a long weekend is ahead as the market will be closed on April 14, 2025, on account of Dr. Baba Saheb Ambedkar Jayanti. On […]

US markets surged on Wednesday after President Trump announced a 90-day pause on most tariffs, while sharply raising duties on Chinese imports to 125%. | Photo Credit: Wall Street’s main indexes jumped on Wednesday after U.S. President Donald Trump authorized a 90-day pause on tariffs, effective immediately. Trump declared a 90-day pause on reciprocal and […]

Mumbai: Bombay Stock Exchange (BSE) building, in Mumbai Shares of Nestle India, Hindustan Unilever, Hero Motocorp, Titan and Tata Consumer Products traded among major gainers, while Wipro, Trent, Infosys, Tech Mahindra and Tata Steel depreciated. Nifty midcap 100 slipped 0.39 per cent to 49,643.05 as at 12.52 pm. Nifty smallcap index declined 0.64 per cent […]

The watches and wearable segment’s domestic business grew 20 per cent y-o-y | Photo Credit: AMIT DAVE Shares of Titan Company recovered strongly on Tuesday after the Tata Group company released a robust business update for the March 2025 quarter (Q4FY25), highlighting a broad-based performance across its key verticals and consistent expansion in its retail […]

Shares of Titan, Shriram Finance, Infosys, Eicher Motors, L&T led the gainers of Nifty 50 components, while only Trent shares slipped to trade in trade at the time of writing. Equity benchmark indices continued to trade higher amid hopes of US tariff negotiations. Sensex rallied 1539.49 pts or 2.10 per cent to 74,677.39 as at […]

Foreign portfolio investors (FPIs) are trimming their exposure to Indian equities in a “risk-off” move, spurred by rising global trade tensions and tariff concerns. Domestic institutional investors, however, appear to be cautiously buying the dip. Although there is no panic in sight, FPIs have started rebuilding short positions after unwinding them last week. Analysts say […]

FILE PHOTO: The logo of energy technology company Siemens Energy is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo | Photo Credit: Chris Helgren Siemens Limited shares adjusted on Monday as it turned ex-demerger following the spin-off of its energy business. The stock opened […]

Gujarat Ambuja Exports (₹116.50) Signs of trend reversal Since mid-February, the stock of Gujarat Ambuja Exports has been charting a sideways trend. It was oscillating between ₹100 and ₹110. Prior to this, it saw a considerable downtrend which started from ₹208 in February last year. Now the stock seems to have reversed the trend upside after […]

Businessman use tablet and smart phone for Stock Market istock photo for BL | Photo Credit: Orientfootage The combined market valuation of nine of the top-10 most valued firms eroded by ₹2,94,170.16 crore in the holiday-shortened last week, with Tata Consultancy Services taking the biggest hit amid a bearish trend in domestic equities. Last week, […]

Nifty 50 and Sensex fell sharply about 2.6 per cent each last week. However, the Nifty Bank index managed to stay afloat, and range-bound for the second consecutive week. The index was down marginally by 0.12 per cent. All sectoral indices barring the BSE FMCG (up 0.35 per cent) ended the week in red. The […]

Hedge funds and leveraged ETFs dumped over $40 billion in stocks after President Trump’s unexpected tariff escalation, triggering one of the biggest bearish turns since 2011.  Global hedge funds and levered exchange-traded funds (ETFs) dumped more than $40 billion of stocks at a breakneck pace, growing increasingly bearish after President Donald Trump’s shock announcement of […]

Target: ₹280 CMP: ₹258.40 Aditya Birla Fashion & Retail (ABFRL’s) ‘investor day’ highlighted focus on profitable organic growth with no further acquisitions and need for capital raise. New entity Aditya Birla Lifestyle Brands Ltd (ABLBL) is expected to deliver about 11 per cent CAGR over FY24-30, along-with 300 bps EBITDA gain enabled by better […]

Benchmark indices continued their downward trajectory on Friday afternoon, deepening losses triggered by US President Donald Trump’s steep tariff announcement. By mid-day trading, the BSE Sensex was down 772.11 points or 1.01 per cent at 75,523.25, while the NSE Nifty fell 295.20 points or 1.27 per cent to 22,954.90. The broader market showed widespread weakness […]

Target: ₹610 CMP: ₹641.90 Datamatics Global Services’ revenue beats our estimates, but EBIT misses. PAT rises on exceptional gain. Datamatics Global Services has shown moderate sales growth (6-9 per cent) over the past two years and faced margin pressures (from 16.6 per cent in FY23 to 13 per cent now) due to its small market […]

Quality Control Workers Examining Pills in Lab. Pharmaceutical lab technicians inspecting the quality of medical pills. Pharmaceutical Industry. Source: Company website | Photo Credit: BL companies India’s pharmaceutical industry has emerged as a notable exception in the recent US tariff announcements. Wanbury announced improved capacity utilization and margins for Q4. The pharmaceutical imports from India […]

Target: ₹600 CMP: ₹661.25 We attended Hindalco’s Investor Day 2025. The management outlined its expansion roadmap, with capex plans of ₹45,000 crore for its India business and $5 billion for Novelis over coming 5 years. Hindalco targets doubling its upstream business and quadrupling the downstream business in India. Our key takeaway is that the management […]

Shares of Tata Consumer Products, IndusInd Bank, Zomato, Titan and Trent led the gainers of Nifty 50 components, while BEL, Nestle India, Hindalco, UltraTech Cement and Dr Reddy’s Laboratories depreciated. All sectoral indices traded in green, showcasing mixed trends with realty and consumer durables leading the market tide. Oil & gas and metal stocks showed […]

Retail flows in direct equities have turned negative in the month of March, with several investors choosing to book profits or cut their losses after five straight months of market fall. Investors have sold shares worth nearly ₹10,000 crore during the month, showed provisional data. This is in stark contrast to retail flows in mutual […]

SBI Card, one of India’s largest pure-play credit card issuers, announced today that Salila Pande has taken charge as the company’s new Managing Director and Chief Executive Officer, effective April 1, 2025. The shares of SBI Cards and Payment Services Limited were trading at ₹856.50, down by ₹24.60 or 2.79 per cent on the NSE […]

Ahmedabad-based Prozeal Green Energy Ltd, the fourth largest solar EPC company in India in terms of revenue from operations, has filed a Draft Red Herring Prospectus with SEBI to raise ₹700 crore through an initial public offering (IPO). The issue consists of fresh equity sale of ₹350 crore and an offer-of-sale (OFS) for an additional […]

Indian stock market is closed today March 31, 2025, on account of Id-Ul-Fitr (Ramadan Eid). Trading across equity, derivatives, securities lending and borrowings (SLB), currency and interest rate derivates segments will remain closed. Bources will remain closed for a total of 14 days throughout this year. Trading operations will resume tomorrow, April 1, 2025, marking the […]

The government has agreed to raise stake in Vodafone Idea to 48.99 per cent with fresh acquisition of shares worth ₹36,950 crore in lieu of outstanding spectrum auction dues, the company said in a regulatory filing on Sunday. The government is the single-largest shareholder in the debt-ridden Vodafone Idea with 22.6 per cent stake. “The […]

The combined market valuation of eight of the top-10 most-valued firms climbed ₹88,085.89 crore last week, with HDFC Bank leading the pack of gainers, in line with an optimistic trend in equities. Last week, the BSE benchmark gauge climbed 509.41 points, or 0.66 per cent. From the top-10 pack, HDFC Bank, Tata Consultancy Services (TCS), […]

Stocks got hammered, bonds climbed and gold hit a record high, following signs of weakness in the main engine of the US economy and worries that inflation could gain further traction amid a trade war. With just one more session left before the end of a quarter that’s set to be the S&P 500’s worst […]

SIS Cash Services Ltd, the country’s second-largest cash logistics company by revenue, has filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO).   The IPO, with a face value of ₹10 per equity share, comprises a fresh issue of shares worth up to […]

The Securities and Exchange Board of India (SEBI) on Friday eased the framework for undertaking fast-track follow-on offers by real estate investment trusts (REITs) and infrastructure investment trusts (InvITs) for efficient fundraising. In order to promote ease of doing business and based on the recommendations of the regulator’s hybrid securities advisory committee (HySAC), it has […]

Equity benchmark indices declined to trade in the red after a flat opening due to sharp selling pressure. Sensex declined 301.76 pts or 0.39 per cent to 77,304.67 as at 12.44 pm, and Nifty 50 dropped 87.60 pts or 0.37 per cent to 23,504.35. However, it showed resilience due to renewed buying by FIIs in […]

Foreign portfolio investors have turned net buyers in the last five sessions, with net cash market purchases of over ₹21,000 crore. The FII long-short ratio has increased to 33 per cent which showed that there is short covering trigger in the market, said analysts. “Despite the ongoing tug-of-war, continuous FPI buying and an improving long-short […]

Coforge Limited has significantly expanded its collaboration with Microsoft, training over 10,000 developers on GitHub Copilot to improve software development efficiency. The global digital services provider has achieved the Accelerate Developer Productivity with Microsoft Azure specialisation, focusing on AI-integrated developer solutions. The shares of Coforge Limited were trading at ₹8,043.20 up by ₹16 or 0.20 […]

The surge in IPOs has become a critical wealth generation mechanism for UHNIs, with strategic stake-sales and IPO exits contributing substantially to their portfolios. Ultra-HNIs have allocated around a third of their portfolio to stocks, mutual funds and portfolio management schemes. Indian stock exchanges have witnessed an extraordinary surge in IPO activity. India’s share of […]

Shares of IndusInd Bank, Trent, M&M, BEL and Power Grid traded among top gainers of Nifty 50 components, while Tech Mahindra, Cipla, NTPC, Axis Bank and Dr Reddy’s Laboratories dragged. The stock market witnessed a downtrend on Wednesday, after a recent rally as investors seem to be engaged in profit booking, and uncertainty surrounding US […]

Sajjan Jindal-led JSW Steel has emerged as the most valuable company globally with its market capitalisation touching $30.5 billion on Tuesday. It was ranked higher than the global steel companies such as US-based Nucor Corp and ArcelorMittal whose market-cap was at $29.4 billion and $26.9 billion. Nippon Steel Corp and Tata Steel m-cap was at […]

After opening higher, indices traded flat – Sensex traded at 78,022.11 as at 1.08 pm and Nifty 50 traded at 23,688.45

The board of Securities and Exchange Board of India, which met on Monday, has doubled the threshold assets under management (AUM) of foreign portfolio investors who need to make additional disclosures, to ₹50,000 crore. This means that only those FPIs holding more than ₹50,000 crore of equity AUM in the Indian markets will now be […]

J. Kumar Infraprojects Limited has been awarded a major infrastructure contract valued at ₹1,020.70 crore by the City and Industrial Development Corporation of Maharashtra (CIDCO), according to a regulatory filing made today. The shares of J. Kumar Infraprojects Limited were trading at ₹700.25 up by ₹22.60 or 3.34 per cent on the NSE today at […]

Target: ₹1,150 CMP: ₹906 We initiate our coverage of Blue Jet Healthcare with BUY and SOTP-based TP of ₹1,150. Blue Jet’s key strength is its simplified business model — standalone entity, lean cost structure, debt-free balance sheet, and a niche portfolio — which lends itself to a strong margin and return profile, high revenue per […]

What is the outlook for Tata Motors? Can I buy it now? Reshma, Bengaluru Tata Motors (₹703): The sharp fall from the July 2024 high of ₹1,179 is a correction within the broad uptrend that has been in place since April 2020. The support at ₹620-600 is holding well as of now and the stock […]

HDFC Bank (₹1,769.85) Breaks out of a resistance HDFC Bank’s stock has largely been moving in a sideways trend since early February. It has been oscillating between ₹1,670 and ₹1,740. Last week, it surpassed the resistance at ₹1,740, opening the door for further rally. That said, there is a chance for the stock to moderate […]

Target: ₹947 CMP: ₹728.85 Goodluck India Ltd is among the leading manufacturer of wide range of Engineering structures, Precision/Auto Tubes, Forging for Defence & Aerospace, CR products and GI pipes. Established in 1986, the company has transformed itself from manufacturing regular steel products to a premier engineering solutions provider). The company has strategically shifted its […]

Karnataka-based public charitable non-profit organisation, Prashanthi Balamandira Trust public issue on the Social Stock Exchange (SSE) closes on Monday. The company aims to raise ₹18 crore through the issue that opened on March 19. The funds raised through the issue of Zero Coupon Zero Principal Bonds (ZCZP) will be utilised towards establishing modern emergency and […]

Shares of Bajaj Finance, BPCL, SBI Life, Larsen & Turbo and NTPC led the gainers of Nifty 50 components. While, IndusInd, Infosys, Trent, Bajaj Finserv and Hindalco dipped. The broader indices rallied after showcasing a declining trend in earlier trade .Sensex jumped 657.60 pts or 0.86 per cent to touch 77,005.66 as at 12.45 pm, […]

Share prices of Bharti Airtel Ltd, Titan Company Ltd., Tata Consultancy Services Ltd., Hindustan Unilever Ltd., and Infosys Ltd. emerged as the top gainers on Thursday. Among the laggards were shares of UltraTech Cement Ltd., Bajaj Finance Ltd., and IndusInd Bank Ltd. The BSE Sensex staged a strong rally, crossing the 76,000 mark for the […]

Equity markets continued their upward trajectory on Thursday afternoon, building on morning gains as investors remained optimistic about potential interest rate cuts by the US Federal Reserve. The benchmark Sensex traded at 75,975.96 at 12:30 PM, advancing 526.91 points or 0.70 per cent from its previous close. Meanwhile, the broader Nifty50 index climbed 172.50 points […]

Target: ₹71 CMP: ₹57.78 With its highest-ever, and growing, order book of 5.9GW, Suzlon Energy remains upbeat about revival of the industry and resolution of execution challenges in the next 2-3 quarters. The company shared that the feedback on performance of the 3MW wind turbine generator (WTG) has been very encouraging. During our visit to […]

Nifty 50 March Futures (22,962) Nifty 50 is continuing to move up. It is sustaining higher after breaking above 22,700 on Tuesday. The index is currently trading at 22,900, up 0.3 per cent. The advances/declines ratio is at 31:19. This is positive. Nifty 50 Outlook The outlook is bullish. Cluster of supports are there in […]

Target: ₹1,700 CMP: ₹1,298.50 Over the last five years, Venus Pipes and Tubes enhanced its cumulative capacity by 4.1x to 38,400 tonnes. Under the next leg of expansion, it is enhancing its presence in high-grade stainless steel/titanium-welded tubes, fittings and seamless pipes/tubes, thus taking the cumulative capacity to 46,800 tonnes. The company’s increased installed […]

Equity benchmarks extended their upward momentum on Tuesday, with the Sensex climbing over 700 points in midday trading as positive global sentiment and robust domestic indicators fueled investor confidence. The BSE Sensex surged 703.21 points or 0.95 per cent to 74,873.16 by 12:35 PM, building on momentum from a strong opening at 74,608.66. Similarly, the […]

Benchmark indices closed higher on Monday, with the BSE Sensex gaining 341.04 points or 0.46 per cent to close at 74,169.95, while the NSE Nifty 50 rose 111.55 points or 0.50 per cent to 22,508.75. The market was driven by strength in financial and auto stocks, with Bajaj Finserv and M&M emerging as top gainers. […]

Equity markets maintained their positive momentum Monday afternoon, extending gains from the morning session as financial services stocks continued to outperform. The benchmark Sensex traded at 74,078.46 at 12.30 PM, up 249.55 points or 0.34 per cent from its previous close. Similarly, the broader Nifty50 index climbed 77.50 points or 0.35 per cent to 22,474.70. […]

Waaree Renewable Technologies Limited (WRTL) announced today that Care Ratings Limited has upgraded its credit rating for bank facilities totalling ₹1,423 crore. The company’s long-term bank facilities of ₹28.94 crore and long-term/short-term bank facilities of ₹1,394.06 crore have both been upgraded from “CARE A-; Stable” to “CARE A; Stable,” with the short-term rating improving from […]

Equity benchmarks ended lower on Thursday as markets struggled to maintain momentum despite encouraging economic indicators. The Sensex fell 200.85 points or 0.27 per cent to close below the 74,000 level at 73,828.91, while the Nifty 50 dropped 73.30 points or 0.33 per cent to 22,397.20. “Shortened trading week and sell-off in the US short […]

Equity benchmarks ended lower on Thursday as markets struggled to maintain momentum despite encouraging economic indicators. The Sensex fell 200.85 points or 0.27 per cent to close below the 74,000 level at 73,828.91, while the Nifty 50 dropped 73.30 points or 0.33 per cent to 22,397.20. “Shortened trading week and sell-off in the US short […]

Target: ₹230 CMP: ₹166.80 Backed by a $58 billion conglomerate, ITC Hotels is India’s 2/4 hospitality chain based on operational hotels/keys. ITC Hotels operates through 6 brands, with differentiated positioning; having a portfolio of ~13k operational keys and ~4.3k keys in pipeline; the upcoming pipeline predominantly includes WelcomHotel (42%) and Fortune (33%)  With 80 per […]

Target: ₹898 CMP: ₹770.40 India Shelter Finance is uniquely positioned to drive growth in the affordable housing segment and the Loan Against Property (LAP) market. A critical element of its strategy is the focus on families, where women typically serve as the main applicant on loan documents. This approach not only empowers women but also […]

LG Electronics India Ltd, a subsidiary of the South Korean chaebol LG, has received markets regulator SEBI’s approval for its ₹15,000 crore initial public offering (IPO), people familiar with the matter said on Thursday. This will be the second South Korean company to tap the Indian stock market following the listing of Hyundai Motors India […]

Indian stock market is closed Friday, March 14, 2025, on account of Holi. All trading across equity, derivatives, securities lending and borrowings, currency and interest rate derivates segments will remain closed. The exchanges will remain closed for a total of 14 days throughout this year. The BSE and the National Stock Exchange will resume operations […]

MTNL shares jumped 12.67 per cent to ₹48.72 on the National Stock Exchange (NSE) today after the telecom company reported earnings of ₹2,135 crore from land and building monetisation up to January 2025. The stock opened at ₹46.30, significantly higher than the previous close of ₹43.24, and touched an intraday high of ₹51.18 during Thursday’s […]

India is Blackstone Inc’s best investment market in the world, said the company’s Chief Executive Officer Stephen Schwarzman during an an interaction with the media in Mumbai on Wednesday. “We have enormous confidence in the country and in our own people, ” he said, adding, “Blackstone did not have any rigid amount of asset allocation […]

Shares of Tata Motors soared nearly 4 per cent on Wednesday after the management expressed confidence in meeting Jaguar Land Rover’s (JLR) FY25 EBIT margin guidance of 8.5 per cent, and it will also turn net debt-free by the end of the financial year. Tata Motors stock traded with 1.94 per cent gain on the […]

The estimated hit of about ₹1,500 crore to the balance sheet due to discrepancies in the accounting of derivatives portfolio, shorter tenure approved by the regulator to the CEO, and concerns on asset quality of the microfinance portfolio saw IndusInd Bank’s (IIB) stock take a beating on Tuesday. The bank’s stock lost more than a […]

Supreme Industries has signed a Memorandum of Intent (MOI) to acquire Wavin Industries Limited’s piping business for $30 million plus net working capital, the company announced today. The shares of Supreme Industries Limited were trading at ₹3,354 up by ₹34.55 or 1.04 per cent on the NSE today at 11.45 am. The acquisition includes Wavin […]

The National Company Law Appellate Tribunal (NCLAT) has dismissed appeals against delisting of ICICI Securities from stock exchanges. Last August, the NCLT Mumbai Bench sanctioned the scheme of arrangement between ICICI Bank and ICICI Securities, paving the way for the delisting of the latter and its transformation into a wholly-owned subsidiary of the bank. Challenging […]

IndusInd Bank is facing a wave of downgrades and target price cuts from global brokerage firms after the Reserve Bank of India (RBI) approved only a one-year extension for CEO Sumant Kathpalia, raising concerns over the bank’s long-term strategic direction and leadership stability. The shares of IndusInd Bank Limited were trading at ₹907.75 down by […]

The relentless tariff tantrums of the US President Donald Trump has led to a Great Indian clearance sale in the equity markets and has thrown open the door for conservative investors to create long-term wealth. The top-100 companies in terms of market capitalisation across sectors are available at a deep discount ranging from 61 per […]

Ashok Leyland (₹209.85) Hovering above a support Ashok Leyland’s stock has been on a decline since August last year. The fall was triggered at the resistance of ₹260. However, the price action since November shows that the downtrend has lost momentum. For over two months, the stock has largely remained in a sideways trend. Notably, there […]

I have shares of Steel Authority of India (SAIL). What is the outlook? Arun SAIL (₹110.85): The stock has been in downtrend since May last year. But from a big picture, this is a correction within the broad uptrend that has been in place since April 2020. A crucial support is in the ₹100-98 region […]

Last week, the National Stock Exchange said it is shifting the F&O settlement of all contracts to Monday starting April 4. In a circular, the premier F&O bourse said, Nifty weekly contracts, Nifty monthly, quarterly and half-yearly contracts, Bank Nifty monthly and quarterly contracts and Fin Nifty, MidCap Nifty and Nifty Next 50 monthly contracts […]

Newly appointed SEBI chairperson Tuhin Kanta Pandey on Friday said the markets regulator plans to improve its transparency by revealing any conflicts of interest within its board members, as a way to build trust. This gains importance as his predecessor Madhabi Puri Buch had come under attack towards the end of her term after the […]

Shares of Reliance Industries are gaining momentum following multiple upgrades and bullish calls from brokerages. The stock rose 3 per cent on Friday after global brokerage Macquarie upgraded rating on the stock to outperform from neutral. Macquarie believes that Reliance is likely to improve its earnings CAGR to 15-16 per cent over FY25-27. The brokerage […]

Target: ₹₹5,251 CMP: ₹4,862.90 L&T Technology Services (LTTS), a prominent ER&D player with a global footprint across key verticals — Mobility, Sustainability, and Technology — and flexes a robust portfolio of niche subsegments and service lines. Distinguished among its peers, LTTS has cemented its position in the engineering domain through the development of cutting-edge capabilities […]

Proximus Global and Nokia announced a strategic partnership on March 4 to integrate their network API solutions, aiming to help developers create new enterprise applications. Under the agreement, Proximus Global’s network APIs will be available on Nokia’s Network as Code platform, while Nokia will leverage Proximus Global’s telco market presence to distribute its CAMARA and […]

Shares of Gensol Engineering Ltd (GEL) plunged nearly 28 per cent in the last two days after credit rating agencies CareEdge and ICRA downgraded its loan facilities. The former has downgraded Gensol to ’default’ from ‘BB+’ due to ongoing delays in servicing its term loan obligations. ICRA has downgraded Gensol’s rating to ICRA D for […]

Jio Financial Services stock surged nearly 5 per cent on Wednesday. The board of this Mukesh Ambani-backed company had approved the acquisition of 7.9 crore shares of Jio Payments Bank Ltd (JPBL) from State Bank of India (SBI). The consideration amounts to ₹104.54 crore, according to stock exchange disclosure. Post-acquisition, JPBL will become a wholly […]

The National Stock Exchange (NSE) on Tuesday decided to change the expiry of all contracts to Monday from Thursday in its equity derivatives segment from April 4. In a circular, the premier F&O bourse said, Nifty weekly contracts, Nifty monthly, quarterly and half-yearly contracts, Bank Nifty monthly and quarterly contracts and Fin Nifty, MidCap Nifty […]

JSW Energy Limited has added 159 MW of greenfield wind power capacity in the current quarter, bringing its total operational capacity to 8,400 MW, the company announced today. The shares of JSW Energy Limited were trading at ₹475.80 up by ₹1.95 or 0.41 per cent on the NSE today at 11.30 am. The newly added […]

Target: ₹3,925 CMP: ₹3,496.55 We had highlighted in our earlier report that the news flow on tariffs is not constructive for earnings upgrade and decision-making, and that the first-order impact could be trimming of P/E multiples followed by a second-order impact of potential earnings downgrade. The Nifty IT Index has underperformed Nifty Index by about […]

India’s equity markets have been on correction mode over the last five months. Factors including persistent FIIs’ selling, geopolitical tensions, high valuations, slowing economic growth, and mixed corporate results created uncertainty and leading to sustained selling pressure and a bearish trend in the domestic equity markets. The frontline indices that registered slump since their last peak […]

Equity markets will take cues from the US tariff related developments, global trends and trading activity of foreign investors this week, analysts said. Markets may face volatile trends going ahead as investor sentiment continue to remain weak due to escalating trade tariff concerns and foreign fund outflows, experts noted. In February alone, the NSE Nifty […]

The combined market valuation of eight of the top-10 most valued firms eroded by ₹3,09,244.57 crore in a holiday-shortened last week, with Tata Consultancy Services taking the biggest hit, in line with bearish trend in equities. Last week, the BSE benchmark gauge Sensex tanked 2,112.96 points or 2.80 per cent, and the NSE Nifty tumbled […]

At a time when the markets have been in correction mode, Union Minister Piyush Goyal said that the benchmark Nifty 50’s valuation of 19 times of FY26 earnings is “decent and reasonable.” Speaking at the Association of Mutual Funds of India (AMFI) Summit, the commerce and industry minister Goyal said that there is still scope […]

Target: ₹621 CMP: ₹503.50 HealthCare Global’s (HCG) growth over the next 2-3 years is expected to be driven by a combination of organic expansion, brownfield projects, and acquisitions. The company plans to add approximately 900 beds, increasing operational capacity from 2,154 beds in Q3FY25 to 2,800 beds by FY27. To maximise the potential of […]

Target: ₹385 CMP: ₹310.95 NTPC is India’s largest power utility, with a 17 per cent share in the country’s installed power capacity having 76GW operational capacity and contributing 24 per cent (422BU) to India’s total electricity generation in FY24. Thermal power capacity is set to grow by 25GW by FY32F, which includes 11GW of capacity […]

Shares of Coal India Ltd (CIL) gained 3 per cent on Friday as its subsidiary Northern Coalfields Ltd (NCL) will levy ‘Singrauli Punarasthapan Charge’. As per Coal India’s stock exchange disclosure, the board approved a standard levy of ₹300 per tonne across all mines under its subsidiary, which will be implemented from May 1, 2025. […]

SEBI is keeping a strict watch on usage of proceeds from initial public offerings (IPO) to detect possible fraud as many small and medium enterprises companies are flocking to the primary markets to ostensibly meet their working capital needs. Unlike funds raised for capital expenditure, the use of working capital can be mismanaged, and it […]

Godrej Properties Ltd (GPL) has sold residential inventory worth over ₹1,000 crore at its Godrej Evergreen Square project in Hinjewadi, Pune, the company announced today. The Mumbai-based developer sold 1,398 homes with a total area of approximately 1.23 million square feet. The shares of Godrej Properties Ltd (GPL) were trading at ₹1,996.70 up by ₹9.65 […]

Religare Enterprises has appointed Abhay Kumar Agarwal, Arjun Lamba, Gurumurthy Ramanathan and Suresh Mahalingam as additional directors. They will be designated as Non-Executive and Non-Independent directors after approval of the RBI and shareholders of the company. The Board had also approved the proposal to shut down the operations of MIC Insurance Web Aggregator, a subsidiary […]

EPIC World, a global platform, unveiled the Entrepreneurial Households India Index (EHI Index) on Tuesday. The EHI Index, developed by EPIC World with Morningstar Indexes providing calculation services, tracks the performance of 34 publicly listed Indian companies which offer products and services designed for entrepreneurial households. “The EHI Index tracks 34 publicly listed companies with […]

Foreign Institutional investors (FIIs) are expected to continue selling as the Indian equity markets still appear somewhat expensive, according to Kotak Institutional Equities. Pratik Gupta, CEO and Co-head at Kotak Institutional Equities, said that Nifty 50 remains somewhat expensive at a price to earnings multiple of 19 times based on March 2026 earnings estimates, which […]